Originally published in Unquote Fund Administration
Supplement 2011
Peter Niven, Chief Executive of Guernsey Finance, explores
Guernsey's continued strength as a centre for private equity
fund administration and the reasons behind this success.
Guernsey has an investment fund industry with a heritage that
stretches back half a century. During the past two decades, the
sector has seen a gradual yet sustained shift where the balance of
business has moved from being largely retail,
equity-traded/cash-based schemes to predominantly institutional,
alternate and niche funds.
The period included significant growth, particularly of esoteric
asset classes through the middle of the last decade. This
experience means that the Island has built a wealth of expertise
and first class infrastructure for the structuring, management,
administration and custody of not just traditional funds but also
alternatives, in particular private equity.
